Retirement

Does anyone have any idea what the situation is with retirement to NZ? Its a question that crops up a few times but with no answers! Does anyone know or do I have to go through the lengthy automated telephone answering service at NZIS?!

Thanks

[lainy]

my mum and dad are in similar situation trying to emigrate but cant get in even though they have private pensions... they and relatives in nz can find no way to get in and i asked nzis about their situation and they basically said that unless they can contribute to nz economy they are persona non grata!!!! any info you find out will be helpful as i need my babysitters hahaha

I called NZIS in London, they said the same.. absolutely no way for people to retire to NZ unless its family sponsorship. Even then they're not too keen on it!

I think the only real way is either investing or starting a business on a very small scale.

[lainy]

thnx taffy they r considering setting up small business.. have been looking at franchises and some of them have little outlay.. are keen to take outside unvestors and will assist with immigration .. sounds too good to be true but as long as my babysitter comes i am happy .. so will kids be with granny and papa!!!

I am emigrating to NZ early next year ( see some of my previous messages ) and I intend to retire when I get there. I have been lucky enough to get accepted under the family quota scheme; i.e. my mother who is an NZ resident entered me for the annual draw and I was lucky enough to be picked out. The fact that I do not have a job to go to or that I do not wish to work, did not come up in any of the meetings I have with NZIS. The fact is that by sponsoring me in this scheme my mother undertakes to support me for the first 2 years ( i.e. I cannot claim anything during that period) I told my mother she owns me plenty of pocket money back pay !!

I will be 57 when I arrive in NZ and I will live on my already payable private pensions and my capital, details of which where offered to NZIS, but considered unnecessary.

I read that the family quota scheme did not operate during 2003/04 and I am not sure if it is operating 2004/05. However if you wish to retire to NZ and have an immediate family member resident in NZ for at least 3 years, it is worth a go.

Dave